Pre Market Thoughts - 10 Nov 26

Despite what was arguably a very strong FUD - NVDA closed (178.67) higher than its open (173.18). This was interesting for me to note - of course if it ripped up above 188 - that would have been an even better signal.
In Asian trading, thus far the KOSPI is up about 4.7%, while the TAIEX is up 7.5% and also the NKY up 3%. SPX did almost 250 points yesterday - from the opening lows around 7300 to closing around 7550... On FinX - sentiment is that this is the dead cat bounce with many people looking to get short into it.
On the calendar - we have CPI today in the US morning, followed by CRWV earnings after market close. Later on in the week, we will also have NBIS earnings. These earnings are important (not just because i have a huge neocloud exposure) but because neos was the ground zero for the nuke in semis this time round. The earnings will be pivotal for the market to digest the information and decide on the direction going forward.
ANT has also released new Fable 5.2 - this has been quite eagerly awaited since their previous releases months ago. They also made a mistake in their IPO filing and will be providing new numbers soon.... I guess maybe it was prepared by a hallucinating agent? or human?
Crypto has been hugging along the 73-74k support zone for BTC. What has held up? Look at it yourself! That's the hint.
Good luck!